Liqtech International (LIQT) Operating Expenses (2010 - 2026)
Liqtech International posted quarterly Operating Expenses of $2.7 million for Q1 2026, up 15.61% year-on-year from $2.3 million in Q1 2025, and up 3.79% on a QoQ basis from $2.6 million in Q4 2025.
Liqtech International (LIQT) has 17 years of Operating Expenses data on file, last reported at $2.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 15.61% year-over-year to $2.7 million; the trailing twelve-month figure through Mar 2026 stood at $9.9 million (up 1.93% YoY), and the FY2025 full-year result was $9.6 million, down 1.84% from the prior year.
- Operating Expenses for Q1 2026 stood at $2.7 million, up from $2.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $4.7 million in Q2 2022 and bottomed at $2.1 million in Q3 2025.
- The 5-year median for Operating Expenses is $2.6 million (2023), against an average of $2.7 million.
- The widest annual swing landed in 2022, when Operating Expenses surged 64.39%; it then plunged 41.68% in 2023.
- A 5-year view of Operating Expenses shows it stood at $2.4 million in 2022, then advanced by 7.73% to $2.6 million in 2023, then fell by 13.2% to $2.2 million in 2024, then increased by 15.02% to $2.6 million in 2025, then increased by 3.79% to $2.7 million in 2026.
- The last three Operating Expenses figures came in at $2.7 million (Q1 2026), $2.6 million (Q4 2025), and $2.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 20.72 Bn | 19.29 Bn | 854.00 Mn | 516.00 Mn |
| 2 | Zurn Elkay Water Solutions | 7.83 Bn | 7.56 Bn | 205.80 Mn | 109.10 Mn |
| 3 | Federal Signal | 6.47 Bn | 6.40 Bn | 179.40 Mn | 72.00 Mn |
| 4 | Ceco Environmental | 2.82 Bn | 2.78 Bn | 63.92 Mn | 56.37 Mn |
| 5 | PureCycle Technologies | 2.21 Bn | 2.11 Bn | - | 31.39 Mn |
| 6 | Euro Tech Holdings | 1.36 Bn | 1.34 Bn | - | - |
| 7 | Energy Recovery | 421.81 Mn | 335.66 Mn | 2.70 Mn | 17.56 Mn |
| 8 | CleanCore Solutions | 173.22 Mn | 156.17 Mn | -419,259.00 | 18.56 Mn |
| 9 | Arq | 116.43 Mn | 111.76 Mn | 9.94 Mn | 10.92 Mn |
| 10 | Liqtech International | 10.34 Mn | 7.53 Mn | 393,744.00 | 2.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.67 Mn |
| Dec 31, 2025 | 2.57 Mn |
| Sep 30, 2025 | 2.08 Mn |
| Jun 30, 2025 | 2.59 Mn |
| Mar 31, 2025 | 2.31 Mn |
| Dec 31, 2024 | 2.24 Mn |
| Sep 30, 2024 | 2.38 Mn |
| Jun 30, 2024 | 2.80 Mn |
| Mar 31, 2024 | 2.32 Mn |
| Dec 31, 2023 | 2.58 Mn |
| Sep 30, 2023 | 2.65 Mn |
| Jun 30, 2023 | 2.77 Mn |
| Mar 31, 2023 | 2.58 Mn |
| Dec 31, 2022 | 2.39 Mn |
| Sep 30, 2022 | 2.39 Mn |
| Jun 30, 2022 | 4.74 Mn |
| Mar 31, 2022 | 3.58 Mn |
| Dec 31, 2021 | 3.65 Mn |
| Sep 30, 2021 | 2.81 Mn |
| Jun 30, 2021 | 2.88 Mn |
| Mar 31, 2021 | 2.92 Mn |
| Dec 31, 2020 | 2.91 Mn |
| Sep 30, 2020 | 2.52 Mn |
| Jun 30, 2020 | 2.43 Mn |
| Mar 31, 2020 | 2.46 Mn |
| Dec 31, 2019 | 2.53 Mn |
| Sep 30, 2019 | 2.00 Mn |
| Jun 30, 2019 | 1.71 Mn |
| Mar 31, 2019 | 1.46 Mn |
| Dec 31, 2018 | 1.76 Mn |
| Sep 30, 2018 | 1.23 Mn |
| Jun 30, 2018 | 1.22 Mn |
| Mar 31, 2018 | 1.34 Mn |
| Dec 31, 2017 | 1.26 Mn |
| Sep 30, 2017 | 1.10 |
| Jun 30, 2017 | 1.17 Mn |
| Mar 31, 2017 | 1.28 Mn |
| Dec 31, 2016 | 10.22 Mn |
| Sep 30, 2016 | 1.29 Mn |
| Jun 30, 2016 | 1.36 Mn |
| Mar 31, 2016 | 1.70 Mn |
| Dec 31, 2015 | 1.57 Mn |
| Sep 30, 2015 | 1.58 Mn |
| Jun 30, 2015 | 1.72 Mn |
| Mar 31, 2015 | 1.74 Mn |
| Dec 31, 2014 | 2.09 Mn |
| Sep 30, 2014 | 1.63 Mn |
| Jun 30, 2014 | 1.90 Mn |
| Mar 31, 2014 | 1.66 Mn |
| Dec 31, 2013 | 2.41 Mn |
| Sep 30, 2013 | 1.59 Mn |
| Jun 30, 2013 | 2.11 Mn |
| Mar 31, 2013 | 1.41 Mn |
| Dec 31, 2012 | 2.44 Mn |
| Sep 30, 2012 | 1.25 Mn |
| Jun 30, 2012 | 1.30 Mn |
| Mar 31, 2012 | 1.61 Mn |
| Dec 31, 2011 | 1.38 Mn |
| Sep 30, 2011 | 792,571.00 |
| Jun 30, 2011 | 963,203.00 |
| Mar 31, 2011 | 795,662.00 |
| Dec 31, 2010 | 1.06 Mn |
| Sep 30, 2010 | 610,641.00 |